U.S. Adhesive Market. Analysis And Forecast to 2025

U.S.: Adhesive Market Overview 2019

Adhesive Market Size in the USA

The revenue of the adhesive market in the U.S. amounted to $X in 2018, picking up by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2014, when it surged by X% against the previous year. Over the period under review, the adhesive market attained its peak figure level in 2018, and is expected to retain its growth in the immediate term.

Adhesive Production in the USA

In value terms, adhesive production amounted to $X in 2018. The total output value increased an average annual rate of +X% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2014, when the output figure increased by X% y-o-y. Over the period under review, the adhesive production attained its maximum level in 2018, and is likely to see steady growth in the near future.

Adhesive Exports

Exports from the USA

In 2018, approx. X tonnes of adhesives were exported from the U.S.; rising by X% against the previous year. Overall, adhesive exports continue to indicate a mild descent. The growth pace was the most rapid in 2017, when exports increased by X% y-o-y. The exports peaked of X tonnes in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

In value terms, adhesive exports stood at $X in 2018. In general, adhesive exports continue to indicate a relatively flat trend pattern. Over the period under review, the adhesive exports reached its peak figure level of $X in 2014; however, from 2015 to 2018, it failed to regain its momentum.

Exports by Country

China (X tonnes), Panama (X tonnes) and Brazil (X tonnes) were the main destinations of adhesive exports from the U.S., with a combined X% share of total exports. The United Arab Emirates, Saudi Arabia, South Korea, Australia, the Dominican Republic, Chile, Colombia, Nigeria and China, Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for adhesive exports from the U.S., making up X% of total adhesive exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2013 to 2018, the average annual rate of growth in terms of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-X% per year) and South Korea (+X% per year).

Export Prices by Country

The average adhesive export price stood at $X per kg in 2018, approximately mirroring the previous year. Over the last five year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014, an increase of X% against the previous year. Over the period under review, the average export prices for adhesives attained its peak figure level of $X per kg in 2016; however, from 2017 to 2018, it stood at a somewhat lower level.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was China ($X per kg), while average price for exports to Panama ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to the Dominican Republic (+X% per year), the export prices for the other major destinations experienced more modest paces of growth.

Adhesive Imports

Imports into the USA

Adhesive imports into the U.S. totaled X tonnes in 2018, lowering by -X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017, when imports increased by X% against the previous year. In that year, the adhesive imports attained their peak volume of X tonnes, and then declined slightly in the following year.

In value terms, adhesive imports amounted to $X in 2018. Overall, adhesive imports continue to indicate a temperate downturn. In that year, the adhesive imports attained their peak level of $X. From 2015 to 2018, growth of the adhesive imports stood at a somewhat lower level.

Imports by Country

China (X tonnes), Germany (X tonnes) and the UK (X tonnes) were the main suppliers of adhesive imports to the U.S., with a combined X% share of total imports. Belgium, Estonia, Italy, South Korea, the Netherlands, Turkey, Switzerland, France and Poland lagged somewhat behind, together comprising a further X%.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest adhesive suppliers to the U.S. were China ($X), Germany ($X) and the UK ($X), together accounting for X% of total imports. South Korea, Belgium, Estonia, Italy, France, Switzerland, the Netherlands, Poland and Turkey lagged somewhat behind, together accounting for a further X%.

Poland (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main suppliers over the last five years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average adhesive import price amounted to $X per kg, picking up by X% against the previous year. Overall, adhesive import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018, when the average import price increased by X% against the previous year. The import price peaked of $X per kg in 2014; however, from 2015 to 2018, it stood at a somewhat lower level.

Import prices varied noticeably by the country of origin; the country with the highest import price was South Korea ($X per kg), while price for Turkey ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform